Ethereum whale who shorted October 2025 crash opens $19.7M ETH short position
Ether’s technical setup points to a potential drop to $1,375, a move that could lift one whale’s unrealized profit to $2.39 million.
The Defiant·

USDT has drawn level with ether for the second-largest cryptocurrency by market cap, briefly overtaking it earlier in June. Rising stablecoin issuance is meeting a falling ether price.
Read full articleEther’s technical setup points to a potential drop to $1,375, a move that could lift one whale’s unrealized profit to $2.39 million.
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On-Demand Liquidity is Ripple’s flagship use of XRP, a way to settle cross-border payments in seconds without banks pre-funding accounts around the world. This guide explains how it works, the trapped capital it frees, and why its own stablecoin now…
XRP remains under sustained selling pressure, with the broader trend continuing to favor the sellers. The USDT chart shows the price on the verge of breaking a major support area after another leg lower, while the XRP/BTC pair has also slipped back toward a key floor, highlighting the token’s ongoing weakness against Bitcoin. Ripple Price […]
Tether’s USDT stablecoin briefly overtook ether to become the second-largest cryptocurrency by market capitalization, reaching about $186.06 billion against ether’s $185.66 billion. Stablecoin issuance and a slumping ether seem to be the primary drivers behind this otherwise rare flip. Issuance Up, Ether Price Down The crossover put USDT ahead of ether ( ETH), the native […]
Invesco filed a GENIUS Act-compliant fund for stablecoin reserve management. The fund will invest in cash, Treasuries, and repos to maintain liquidity. Superstate will tokenize fund shares and manage blockchain shareholder records. Invesco has filed to launch a GENIUS Act-compliant tokenized money market fund designed for stablecoin issuers. The proposed product will provide yield-bearing, liquid […] The post Invesco Files GENIUS Act-Compliant Money Market Fund for Stablecoins appeared first on Live Bitcoin News.
StablecoinX closes its SPAC merger with TLGY and lists on NASDAQ as the first public company built on the Ethena stablecoin ecosystem. StablecoinX has officially closed its business combination with TLGY Acquisition Corp. The combined company marks a key milestone in crypto capital markets. It is now the first publicly traded pure-play stablecoin infrastructure company. […] The post StablecoinX Goes Public as First Ethena Infrastructure Company appeared first on Live Bitcoin News.
Stablecoin supply has reportedly reached $315 billion, but Ether remains pressured by ETF outflows, volatility and delayed upgrade narratives.